Tag: Import tariffs
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Indonesia to Impose Import Duty up to 10% on Downstream Steel Products: Reports
According to the latest reports, the Indonesian government is planning to impose 7.5% to 10% of import tariffs on downstream products in an effort to curb imports and in case of raw materials this import duty is likely to be around 2.5%. At present, the Indonesia government is studying the HS (Harmonised System) – where…